H. R. 1700, titled the "Social Security Expansion Act," aims to enhance Social Security benefits and ensure the program's long-term solvency. The bill proposes increasing benefits across the board, calculating cost-of-living adjustments using a new index focused on elderly consumers, and...
Simple Explanation
The "Social Security Expansion Act" is a plan to give more money to people who get Social Security and make sure there’s enough money for it in the future by changing how taxes and benefits work. It also wants to help kids who go to school by letting them get money longer if they stay in school until they’re 22.